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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI135: Bitcoin is for Millennials w/ Preston Pysh

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 20 January 2022

⏱️ 70 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 23:25 - How Bitcoin price will perform if we see another deflationary shock in the markets. 32:52 - What the incentives are for continued Bitcoin adoption. 43:09 - The most important metrics Preston looks at to test his Bitcoin thesis. 51:28 - Why Bitcoin hasn’t hit Preston’s $100k price target. 55:03 - The potential risks that Preston sees in Bitcoin. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. A visual representation of Bitcoin’s growth. Trade Bitcoin with Swan. Get a FREE audiobook from Audible. Check out our Investing Starter Packs about business and finance. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on our website. Connect with Preston: Twitter  Connect with Clay: Twitter  Connect with Robert: Twitter |  Instagram HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.5

What Bitcoin is, is the three millennials can pick up the table, and they don't just flip it over,

0:09.6

but they flip over the whole table, and then they beat the one player who started the game

0:14.4

over the head with the table.

0:16.4

The other person grabs the Monopoly board and hits him in the crotch, and they take all

0:21.7

the paper Fiat and they shove it in his mouth.

0:24.2

That's what Bitcoin is.

0:25.9

Because...

0:26.9

Man, am I excited to bring you today's episode with Preston Pish?

0:34.2

Preston is the co-founder of the Investors Podcast Network and host of the Bitcoin Fundamental Show under the We Study Billionaire's podcast feed.

0:41.3

Preston is a leading voice in the Bitcoin space and has been a guest on the number of Bitcoin-focused podcasts.

0:47.4

Robert and I chat with Preston about the role that money printing, the Federal Reserve, and debt play in the macroe economy,

0:53.5

the benchmark that

0:54.8

Preston uses to measure performance against his own portfolio, what the incentives are

0:59.4

for continued Bitcoin adoption, how Bitcoin's price will perform if we see another deflationary

1:04.8

shock in the markets, the metrics Preston looks at to test his Bitcoin thesis, the potential

1:10.1

risks that Preston sees in Bitcoin,

1:12.5

and much, much more. Get ready because Preston really brought the heat during this episode.

1:17.5

Hope you guys enjoy it.

1:19.1

You're listening to Millennial Investing by the Investors Podcast Network,

1:23.6

where your hosts, Robert Leonard and Clay Fink, interview successful entrepreneurs, business leaders, and investors to help educate and inspire the millennial generation.

1:39.3

Welcome to the Millennial Investing Podcast. I'm your host, Clay Fink. And on today's episode, I'm joined by

...

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